Credit Analyst salary in Detroit-Warren-Dearborn, MI
Credit Analysts in the Detroit-Warren-Dearborn, MI metro area earn a median of $74,640 a year ($35.89 an hour), based on BLS data for 870 workers.
Pay ranges from $56,090 for the lowest-paid 10% to $128,860 for the top 10%. That is 11% lower than the national median of $83,510. Pay here is about the same as the Michigan statewide median of $74,640. There are 0.46 credit analysts per 1,000 jobs here — close to the national average. The average (mean) salary is $81,760, above the median because a few high earners pull it up.
Pay range for credit analysts in Detroit-Warren-Dearborn, MI
| Pay level | Yearly | Hourly |
|---|---|---|
| 10th percentile (entry level) | $56,090 | $26.97 |
| 25th percentile | $63,460 | $30.51 |
| Median | $74,640 | $35.89 |
| 75th percentile | $82,050 | $39.45 |
| 90th percentile (top earners) | $128,860 | $61.95 |
| Average (mean) | $81,760 | $39.31 |
Half of credit analysts earn more than the median and half earn less. Percentiles show the spread: 10% earn less than the 10th percentile, and 10% earn more than the 90th.
Median paycheck, before taxes
| Pay period | Amount |
|---|---|
| Monthly | $6,220 |
| Semi-monthly (24 a year) | $3,110 |
| Biweekly (26 a year) | $2,870.77 |
| Weekly | $1,435.38 |
| Hourly | $35.89 |
Based on a full-time year of 2,080 hours. Convert any amount with the hourly to salary converter.
Buying a home? On a $74,640 salary, see how much house you can afford in Michigan at today's mortgage rates, or work out a payment with the mortgage calculator.
Credit Analyst salary in other metro areas nearby
| Metro area | Median salary | Workers |
|---|---|---|
| Ann Arbor, MI | $77,070 | 30 |
| Lansing-East Lansing, MI | $72,700 | 40 |
| South Bend-Mishawaka, IN-MI | $70,080 | 30 |
| Kalamazoo-Portage, MI | $67,940 | 30 |
| Grand Rapids-Wyoming-Kentwood, MI | $63,220 | 210 |
Highest-paying states for credit analysts
| State | Median salary |
|---|---|
| New York | $133,270 |
| District of Columbia | $132,590 |
| Virginia | $102,430 |
| New Jersey | $100,940 |
| Hawaii | $98,900 |
| Connecticut | $98,230 |
| California | $97,860 |
| Massachusetts | $97,080 |
| Delaware | $94,680 |
| North Carolina | $94,570 |
See Credit Analyst pay in every state or the Michigan statewide figures.
Related jobs in Detroit-Warren-Dearborn, MI
| Job | Median salary | Hourly |
|---|---|---|
| Accountants and Auditors | $80,650 | $38.78 |
| Loan Officer | $76,260 | $36.66 |
| Financial and Investment Analysts | $101,550 | $48.82 |
| Personal Financial Advisor | $76,830 | $36.94 |
| Financial Specialists, All Other | $79,960 | $38.44 |
| Insurance Underwriter | $80,180 | $38.55 |
| Tax Preparer | $46,450 | $22.33 |
| Property Appraisers and Assessors | $68,100 | $32.74 |
| Financial Risk Specialist | $105,110 | $50.54 |
| Budget Analyst | $102,080 | $49.08 |
| Credit Counselor | $53,140 | $25.55 |
| Tax Examiners and Collectors, and Revenue Agents | $81,540 | $39.20 |
| Financial Examiner | $75,930 | $36.51 |
| Project Management Specialist | $105,350 | $50.65 |
More: Business and Financial Operations Occupations · all salaries in Detroit-Warren-Dearborn, MI
Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025 estimates, occupation code 13-2041. Wages include base pay, tips, commissions and shift pay, but not overtime, bonuses or benefits, and exclude the self-employed.
Frequently asked questions
How much does a credit analyst make in Detroit-Warren-Dearborn, MI?
The median salary for credit analysts in the Detroit-Warren-Dearborn, MI metro area is $74,640 a year, or $35.89 an hour. Pay ranges from $56,090 for the lowest-paid 10% to $128,860 for the top 10%.
How much do the highest-paid credit analysts make in Detroit-Warren-Dearborn, MI?
The top 10% of credit analysts in the Detroit-Warren-Dearborn, MI metro area earn at least $128,860 a year. The top 25% earn $82,050 or more.
What is the starting pay for credit analysts in Detroit-Warren-Dearborn, MI?
Entry-level pay (the 10th percentile) is about $56,090 a year, and a quarter of credit analysts earn $63,460 or less.
How many credit analysts work in Detroit-Warren-Dearborn, MI?
About 870 credit analysts are employed in the Detroit-Warren-Dearborn, MI metro area, not counting the self-employed.